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Listed by: Miguel Briones (760) 844-7500 DRE #01705617, Issac Briones DRE #02180608 | HomeSmart (760) 844-7500
$850,000
7 Beds
- 5 Baths
4,442sqft
29395 Avenida La Paz, Cathedral City, CA 92234
$850,000
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Multi Family
Built in 1990
$-- HOA
8,276 sqft lot
$191/sq.ft
Description
Rare opportunity to own a vacant triplex at 29395 Avenida La Paz in Cathedral City delivered vacant and ready to rent at current market rates from day one! Unit mix includes two 3BD/2BA units and one 2BD/1BA unit with a bonus room, plus two separate 2-car garages adding tremendous tenant appeal. With strong rental demand across the Coachella Valley, the 3BD/2BA units have a rental potential of $2,500$3,500/month each and the 2BD/1BA with bonus room commanding $1,500$2,300/month this property has a potential gross monthly income of $6,500$10,300/month. Perfect for the seasoned investor looking to add a cash flowing asset to their portfolio, a first time investor ready to...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1990
HOA Fees
-
Finished Area
4,442 sqft
Lot Size
8,276 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26636901PS
MLS Status
Active
Days on Market
221
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